$BTC
Is global liquidity ahead of Bitcoin's rise?
The chart tells the whole story:
• Green line: Global M2 liquidity (3-month lead)
• Red line: Price of #Bitcoin
Every significant rise in Bitcoin has been preceded by a massive increase in liquidity.
Today, global liquidity has reached a record level of 110.49 trillion dollars, and the price of Bitcoin is above 95,000 dollars.
If history repeats itself, the next rally has just begun.